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TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 401k Plan overview

Plan NameTINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES
Plan identification number 004

TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TINIUS OLSEN TESTING MACHINE CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:TINIUS OLSEN TESTING MACHINE CO., INC.
Employer identification number (EIN):230931190
NAIC Classification:339900

Additional information about TINIUS OLSEN TESTING MACHINE CO., INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2005-12-02
Company Identification Number: 0800578273
Legal Registered Office Address: 1065 EASTON RD

HORSHAM
United States of America (USA)
19044

More information about TINIUS OLSEN TESTING MACHINE CO., INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042022-01-01JOHN J SALVUCCI2023-10-04
0042021-01-01CHRISTIAN SCHULZ2022-10-17
0042020-01-01CHRISTIAN SCHULZ2021-09-21
0042019-01-01ROSE SCHILLING2020-10-13
0042018-01-01ROSE SCHILLING2019-10-11
0042017-01-01ROSE SCHILLING2018-10-10
0042016-01-01ROSE SCHILLING2017-07-25
0042015-01-01MARK HELTON
0042014-01-01MARK HELTON
0042013-01-01MARK HELTON
0042012-01-01JOSEPH LOFTUS
0042011-01-01JOSEPH LOFTUS JOSEPH LOFTUS2012-08-14
0042010-01-01JOSEPH LOFTUS
0042009-01-01JOSEPH P. LOFTUS
0042009-01-01JOSEPH P. LOFTUS
0042009-01-01TINIUS OLSEN TESTING MACHINE CO.

Plan Statistics for TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES

401k plan membership statisitcs for TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES

Measure Date Value
2015: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2015 401k membership
Total participants, beginning-of-year2015-01-0130
Total number of active participants reported on line 7a of the Form 55002015-01-0127
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0130
Number of participants with account balances2015-01-0125
2014: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2014 401k membership
Total participants, beginning-of-year2014-01-0129
Total number of active participants reported on line 7a of the Form 55002014-01-0127
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0130
Number of participants with account balances2014-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2013 401k membership
Total participants, beginning-of-year2013-01-0127
Total number of active participants reported on line 7a of the Form 55002013-01-0127
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0129
Number of participants with account balances2013-01-0121
2012: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2012 401k membership
Total participants, beginning-of-year2012-01-0128
Total number of active participants reported on line 7a of the Form 55002012-01-0126
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-011
Total of all active and inactive participants2012-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0127
Number of participants with account balances2012-01-0116
2011: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2011 401k membership
Total participants, beginning-of-year2011-01-0122
Total number of active participants reported on line 7a of the Form 55002011-01-0127
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0128
Number of participants with account balances2011-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2010 401k membership
Total participants, beginning-of-year2010-01-0125
Total number of active participants reported on line 7a of the Form 55002010-01-0121
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-011
Total of all active and inactive participants2010-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0122
Number of participants with account balances2010-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2009 401k membership
Total participants, beginning-of-year2009-01-0120
Total number of active participants reported on line 7a of the Form 55002009-01-0123
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0125
Number of participants with account balances2009-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES

Measure Date Value
2015 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$75,756
Expenses. Total of all expenses incurred2015-12-31$300
Total plan assets at end of year2015-12-31$648,924
Total plan assets at beginning of year2015-12-31$573,468
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$70,049
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$266
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$75,456
Net plan assets at end of year (total assets less liabilities)2015-12-31$648,924
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$573,468
Assets. Value of participant loans2015-12-31$32,299
Total contributions received or receivable from employer(s)2015-12-31$5,441
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$300
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$78,916
Expenses. Total of all expenses incurred2014-12-31$48,883
Benefits paid (including direct rollovers)2014-12-31$48,733
Total plan assets at end of year2014-12-31$573,468
Total plan assets at beginning of year2014-12-31$543,435
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$47,472
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$28,618
Net income (gross income less expenses)2014-12-31$30,033
Net plan assets at end of year (total assets less liabilities)2014-12-31$573,468
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$543,435
Assets. Value of participant loans2014-12-31$33,717
Total contributions received or receivable from employer(s)2014-12-31$2,826
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$150
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2013 401k financial data
Transfers to/from the plan2013-12-31$3,623
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$146,565
Expenses. Total of all expenses incurred2013-12-31$24,286
Benefits paid (including direct rollovers)2013-12-31$23,836
Total plan assets at end of year2013-12-31$543,435
Total plan assets at beginning of year2013-12-31$417,533
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$59,677
Contributions received from other sources (not participants or employers)2013-12-31$1,664
Other income received2013-12-31$82,545
Net income (gross income less expenses)2013-12-31$122,279
Net plan assets at end of year (total assets less liabilities)2013-12-31$543,435
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$417,533
Assets. Value of participant loans2013-12-31$37,597
Total contributions received or receivable from employer(s)2013-12-31$2,679
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$450
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2012 401k financial data
Total income from all sources2012-12-31$110,649
Expenses. Total of all expenses incurred2012-12-31$24
Total plan assets at end of year2012-12-31$417,533
Total plan assets at beginning of year2012-12-31$306,908
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$66,031
Expenses. Other expenses not covered elsewhere2012-12-31$24
Other income received2012-12-31$44,618
Net income (gross income less expenses)2012-12-31$110,625
Net plan assets at end of year (total assets less liabilities)2012-12-31$417,533
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$306,908
Assets. Value of participant loans2012-12-31$23,250
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2011 401k financial data
Total income from all sources2011-12-31$38,595
Expenses. Total of all expenses incurred2011-12-31$4,689
Benefits paid (including direct rollovers)2011-12-31$4,689
Total plan assets at end of year2011-12-31$306,908
Total plan assets at beginning of year2011-12-31$273,002
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$46,437
Other income received2011-12-31$-7,842
Net income (gross income less expenses)2011-12-31$33,906
Net plan assets at end of year (total assets less liabilities)2011-12-31$306,908
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$273,002
Assets. Value of participant loans2011-12-31$24,399
2010 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2010 401k financial data
Total income from all sources2010-12-31$53,098
Expenses. Total of all expenses incurred2010-12-31$37,357
Benefits paid (including direct rollovers)2010-12-31$36,862
Total plan assets at end of year2010-12-31$273,002
Total plan assets at beginning of year2010-12-31$257,261
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$30,114
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$22,984
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$15,741
Net plan assets at end of year (total assets less liabilities)2010-12-31$273,002
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$257,261
Assets. Value of participant loans2010-12-31$23,595
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$495
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES

2015: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: TINIUS OLSEN 401K PLAN FOR UNION EMPLOYEES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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